Funding of Optional Coverages

Tex. Insurance Code § 1551.303, under Chapter 1551.

Tex. Insurance Code § 1551.303

Sec. 1551.303. FUNDING OF OPTIONAL COVERAGES. The board of trustees may allocate any employer contributions remaining after the basic coverage has been funded to fund optional coverages in any manner the board determines is appropriate. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.